1) dial back on ALL excess overhead & infrastructure, just focus on deploying capital to worthy startups, and get out of the way on most all else (the “no office” approach chris mentions)

OR…

2) dial UP the resources and infrastructure based on needs as expressed by startups, and/or as might benefit IRR. this approach is more in line with YC, Techstars, or Betaworks, and doubles down on cost structure in ways that hopefully increase chances for startup success.

personally I think both can work. the former was most of what I did as a personal angel investor the past 4-5 yrs. the latter is what I’m working on with an incubator / accelerator program now.

]]>By: Diogeneshttp://gigaom.com/2010/09/07/chris-dixon-to-vcs-act-more-like-startups/#comment-271337
Wed, 08 Sep 2010 03:52:36 +0000http://gigaom.com/?p=154195#comment-271337It would be really interesting to recalculate the negative venture returns of late by reducing the management fees to reasonable salaries, i.e. low to mid six figures max, not the high sixs or the low sevens that some of these VC frauds are getting. While you’re at it, get rid of those broomstick-up-the-ass “executive assistants” and costly offices.

Paying attention, LPs?

]]>By: jassonhttp://gigaom.com/2010/09/07/chris-dixon-to-vcs-act-more-like-startups/#comment-271267
Wed, 08 Sep 2010 01:04:25 +0000http://gigaom.com/?p=154195#comment-271267Dixon and his previously teeny weeny exit is at it again with more blowhard drivel.
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